You are hereThe Atlantic: The 13 Countries With Higher Manufacturing Salaries Than the U.S.

The Atlantic: The 13 Countries With Higher Manufacturing Salaries Than the U.S.


-By Derek Thompson

Decemaber 23, 2011- Eleven European countries, plus Australia and Canada pay their manufacturing workers more in compensation -- wages plus benefits -- than the United States, according to BLS data from 2010, the most recent on record. Exchange rate fluctuations make the numbers a bit volatile, but with that caveat out of the way, onto the graphs:

Harry Truman famously begged for one-handed economists. You understand why when you read charts like these. On the one hand, the fact that U.S. manufacturing workers are seeing their salaries fall below the private sector (see below) is good news. It makes them more competitive compared to workers in China and Taiwan. That could mean more U.S. jobs. As the gap closes between U.S. and foreign wages, more manufacturing jobs will stay here, especially when companies factor in the cost of shipping and logistics.

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